The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1887-06-30
Wool Market!

The wool market'has been fevcrtsh in
this county the past week. The ruling
price seems to be II ON S0 TO 33 cents, Win
small sales. most OF the sheep masters hold
ing at 35 cents.
According TO the Assessors returns, We
have 4O,9S3 sheep in Hooking County,
which, averaging lbs to the fleece: weuld
make the clip 224,9Oo lbs, ana as the AS
SCISSORS books show a falling of OF about
1000 shee p over last year, would make the
clip 2O,UOO lbs less. - II
Some among the best posted buyers
seem to think there will be plenty of wool
vet unso.d in this county when the snow
flies again. One thing that likely tends to
make prices unsettled, is the spirit OF spec
ulation that has entered into a great many
persons throughout, the country. They
want to option wool at certaih figure, or
they will offer conditional prices, so tney
may be sale or falling market, or gain
largely on any advance. In exceptional
fine lots, wool may go to "a or 80 certS, put
at this writing there is nothing to Indicate
in the market East or West, that 1t Will
advance much beyond 50 cents, while OH
the other hand there are some tndications
that it will go lower
goods are being. offered by Eastern parties
for fall delivery ut lower prices than were
asked for the same line OF goods at TINS
time last year. This would not he the case II
there was to be any great advance In the
price of wool.
The report appended, however. makes n
fair showing, but would not lead one To be-
lieve that there Will be mucn chahge from
present quotations:
NEW YORK, June 2l-lSpecial.l-B l-Brad-
streets, III its review OF the wool market,
says much less excitement prevails In the
interior than ten days ago. and on tne sea, sea-
crate pr oportions, but consideraple
strength. 1t is still true that prices in the
country are above level with the East
ern markets. Some descriptions, in fact,
are going into second hands in Ohio and
Michigan at ust about the quotations for
the same stuff of last years growth In
Boston and New York,
In the manufacturing industry there is
nothing at present TO warrant the high
values OF the season for raw material, and
SO faI as present Indications go no ln.me-
diate Improvement in the situation at the
mills can be anticipated. In ohio u cents
has been paid Tor tine woods without hesl-
taton. and in Michigan 20 and 81 cents.
On the whole, however, holders
are reader to make concessions than they
were a fortnight ago. Eastern dealers rep
resent that they have bought but mode
rately SO far. Western buyers nave opera
ted more freely. Territory woods are now
being picked up TO some extent.
The Texas markets are practically closed.
They have turned out very pron!ably TO
sellers. The latest advices from the Lon.
don sales favor sellers The attendance Is
excellent, and prices have shown an incii-
nation to advance since the outset Buy
erS for French consum ptiOn have been par
ticularly active. English worsted yarns
have declined, and there some Likelihood
of larger importatiOns. In the English do
mestic markets business is rather quiet.
The Boston market il firm. but as yet
shows no such advance rs has occurred at
the West. Manufacturers are stocking up
much less actively than usual at this sea-
son, when they are in the habit OF buying
freely for future consumption. some im-
provement In the request Tor fine heeceS is
reported, but, on the whole, demand runs
chiefly to medium descriptions. No change
has occurred in the goods market, and un-
til fabrics improve or wool weakenS. any
buying for consumption is likely to he
with extreme care. Current quotations for
leading sorts are as follows in comparison
with last year.